Buying your first home is a truly memorable and exciting experience – but it’s when you go shopping for furniture that you start to enjoy retail therapy. But beware! There’s a skill to buying furniture for your first home. Don’t simply rock up to Ikea, or another furniture store, and begin picking out your favourite…
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As rising property values across Australia stabilise – for the moment at least – investors have a great opportunity to expand their portfolios before interest rate cuts finally arrive and buyers return in force. While values may currently be favourable, investors should be aware that the stellar growth in rental income since the pandemic is…
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What’s the true secret to a successful home sale? Is it location, size, design, price or presentation? Of course, it’s a combination of all of these facets of a property. The most powerful factor will depend on the individual buyer. However, there’s one element homeowners often underestimate despite the advice of their agent: the importance…
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Purchasing your first home can feel like you’re about to climb a mountain that will confront you with challenges you’ve never faced before. Any fear of being overwhelmed is understandable, but it doesn’t have to be that way. After all, more than 500,000 property purchases are projected to be made in Canada this year, according…
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As Canada looks to new political leadership and a general election later this year, there’s no denying the lack of affordable housing has weighed heavily on the Trudeau Government. Property values are more than 30% higher than in April 2020 – a direct consequence of government economic stimulus during the pandemic and a near-zero benchmark…
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Predictions of a turnaround for the Canadian property market follow a quiet transaction period as we ended 2024. And while last December may seem a lifetime ago now, the transaction trend in many urban centres suggests there’s excellent buying opportunities if you can make your move before the 2025 market really springs into action. As…
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Changes to rules for how you can buy property in Canada are likely to give the local market a significant boost in 2025 and beyond. It’s great news for upgraders and first homebuyers after a two-year period of high interest rates and appreciating property prices. The price cap for taking out an insured mortgage is…
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Against a background of speculation that we may see a fourth rate cut from the Bank of Canada, a new survey suggests young Canadians have rediscovered their desire to buy their own home. And that’s great news for the entire market! Interest rates are currently at 3.25%, and retail banks are bending over backwards to…
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Significant challenges confront our country in 2025 with a change of leadership, continuing economic turbulence and a different style of engagement with the US. Among the concerns of many people is how this will affect the Canadian real estate market and their ambitions to buy their first home, upgrade to a bigger property or downsize…
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The large rent hikes Canada has experienced since the pandemic are finally coming off the boil. Rents are not falling but the rate of growth is tapering down, slowing to 5.4% from a historic peak of 8% in mid-2023. That means investors have not only enjoyed record levels of rental income but will continue to…
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